BIBA Charity

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The BIBA Charity was established in 2010 as a way for members of the international business community to contribute to the social welfare of Barbados.

Goal

The goal of the charity is to provide a simple mechanism for BIBA members, their clients and the wider Barbadian public to give to institutions, other entities and individuals that have existing funding requirements and are actively serving a broad segment of Barbadian society. By facilitating giving in a collective way, it will maximise the international business community’s contributions to Barbados, and enable them to be better measured.

Trustees

The Charity has three trustees who will serve three year terms and be replaced from BIBA membership. The first three trustees are:

Ms. Dawn Williams of Meridian Law

Ms. Louisa Ward of PriceWaterhouseCoopers

Ms. Lisl Lewis of Southwold Bank and Trust Ltd.

Advisory Council

In addition, an advisory council has been created to monitor the interests of BIBA members and to ensure that the trust remains effectively focused on improving social services in Barbados. The council is composed of:

Mrs. Mara Thompson,

Mr. Peter Boos

Mr. Henderson Holmes

Audit and Systems Controls

The charity will be audited by KPMG annually and will bank with Royal Bank of Canada. None of the trustees or advisory council are paid and the charity is committed to keeping its costs and overheads at a bare minimum.

Beneficiaries

Public healthcare in general, and specifically the Queen Elizabeth Hospital has been identified as the charity’s primary area of focus, until 2012. In addition to being an institution that serves all Barbados, the QEH has an existing funding requirement for tangible goods and equipment that our charitable donations can assist with immediately, thus saving time and administrative cost and most importantly, helping those in need right away. However, the Charity is fully able to accept and administer donations for a different cause, as specifically requested by donors.

Donations

Since the ‘soft’ launch of the charity, $26,000 has been raised so far. Our goal is to raise $100,000 by December 31st, 2010. To make a donation, please make cheques payable to “BIBA Charity”. Contact details for the BIBA Secretariat and the Trustees are listed below: